Jiming Huang / Blog
Pivot (invalidation): 0.9990 Our preference Long positions above 0.9990 with targets at 1.0020 & 1.0030 in extension. Alternative scenario Below 0.9990 look for further downside with 0.9975 & 0.9965 as targets...
Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 111.00 & 110.80 in extension. Alternative scenario Above 111.25 look for further upside with 111.40 & 111.55 as targets...
Pivot (invalidation): 1.3070 Our preference Short positions below 1.3070 with targets at 1.3030 & 1.3005 in extension. Alternative scenario Above 1.3070 look for further upside with 1.3090 & 1.3115 as targets...
Pivot (invalidation): 1.1270 Our preference Short positions below 1.1270 with targets at 1.1245 & 1.1235 in extension. Alternative scenario Above 1.1270 look for further upside with 1.1285 & 1.1300 as targets...
After rejecting PM May’s Withdrawal Agreement and failing to agree on any alternative, UK MPs are again counting on May’s persuasive power to obtain another extension agreement...
In light of news that a major French Bank will layoff 1,600 employees, the topic of ECB negative interest rates effect on banks’ balance sheets has become hot again. Discussion on negative rates will be the focal point of this week’s ECB meeting...
Pivot (invalidation): 63.90 Our preference Long positions above 63.90 with targets at 65.20 & 65.60 in extension. Alternative scenario Below 63.90 look for further downside with 63.50 & 63.15 as targets...
Pivot (invalidation): 15.1600 Our preference Long positions above 15.1600 with targets at 15.3000 & 15.3800 in extension. Alternative scenario Below 15.1600 look for further downside with 15.0900 & 15.0400 as targets...
Pivot (invalidation): 1295.75 Our preference Long positions above 1295.75 with targets at 1300.75 & 1303.50 in extension. Alternative scenario Below 1295.75 look for further downside with 1291.00 & 1288.00 as targets...